DS INTERIORS 1 LTD


Directors	GOVENDER, Navarathanum
	STONEHAM, Dean


Registered Address	1 Gemini Court, 42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	12504815 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		7,870		10,494
			7,870		10,494
Current assets
Debtors	4	76,173		70,950
Cash at bank and on hand		41,239		35,833
		117,412		106,783
Prepayments and accrued income		1,178		1,036
Creditors amounts falling due within one year	5	(60,659)		(67,424)
Net current assets (liabilities)			57,931		40,395
Total assets less current liabilities			65,801		50,889
Provisions for liabilities	6		(1,731)		(1,993)
Net assets			64,070		48,896
Capital and reserves
Called up share capital			100		100
Profit and loss account			63,970		48,796
Shareholders' funds			64,070		48,896

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 September 2025, and are signed on its behalf by:

STONEHAM, Dean
Director
Registered Company No. 12504815

DS INTERIORS 1 LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	23,995	879	24,874
At 31 March 25	23,995	879	24,874
Depreciation and impairment
At 01 April 24	13,872	508	14,380
Charge for year	2,531	93	2,624
At 31 March 25	16,403	601	17,004
Net book value
At 31 March 25	7,592	278	7,870
At 31 March 24	10,123	371	10,494

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	72,097	69,666
Other debtors	4,076	1,284
Total	76,173	70,950

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	8,820	18,733
Taxation and social security	27,188	18,211
Other creditors	24,651	30,480
Total	60,659	67,424

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,731	1,993
Total	1,731	1,993